Form 4: Personalis CFO Aaron Tachibana Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Personalis CFO Aaron Tachibana sold 7,176 shares of common stock on June 17, 2024, to cover tax withholding obligations from the settlement of vested restricted stock units.
Summary
- On June 17, 2024, Aaron Tachibana, CFO and COO of Personalis, Inc., sold 7,176 shares of Personalis common stock.
- The sale was executed at a weighted average price of $1.29 per share, with prices ranging from $1.26 to $1.29.
- The transaction was conducted to cover tax withholding obligations arising from the settlement of vested restricted stock units.
- Following the transaction, Tachibana directly owns 176,012 shares of Personalis common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used to ensure transparency in the market. The sale of shares to cover tax obligations is a common practice among corporate executives.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of stock sale transaction |
| 06/20/2024 | Date of Form 4 filing |
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